SoftBank’s Arm set to debut on Nasdaq after blockbuster IPO
By Niket Nishant and Manya Saini (Reuters) - SoftBank's chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a drought that lasted
What is Nasdaq’s special rebalancing and its impact?
By Sruthi Shankar and Medha Singh (Reuters) - A "special rebalance" of the Nasdaq 100 index will take place later this month as exchange operator Nasdaq looks to reduce the concentration of heavyweight companies that account for nearly half of the
Nasdaq to buy fintech firm Adenza for $10.5 billion, rattling some investors
By Manya Saini, Anirban Sen and John McCrank (Reuters) - Nasdaq on Monday agreed to buy Thoma Bravo-owned software firm Adenza for $10.5 billion, with the exchange operator's biggest-ever deal broadening its financial technology footprint but giving shareholders a case of
China to launch market-making on tech-focused STAR Market on Monday
By Shanghai Newsroom SHANGHAI (Reuters) - China Star Market: China's Nasdaq-style STAR Market will officially launch market making on Monday, in a bid to make the tech-focused board more liquid, vibrant and resilient, the Shanghai Stock Exchange said. The first batch of